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Author Topic: why people are always interested in altcoins  (Read 4151 times)
Sophokles
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December 24, 2023, 12:00:03 PM
 #501


Investing in wrong projects will see the end of joyful moments an bring terrible events. Altcoins ruled the market and they don't have season because they follow the appropriate steps of bitcoin which is entirely the top project in the market. I've seen altcoins put smile on the face of top whales in the space and it will continue to triggered more joy and enjoyable moments. Who doesn't like earning fast cool cash from the market? Answer me, who? Absolutely nobody, you know why, it's because entering into the market, the first thing that comes to the mind is ensuring to accumulate more profits.
Altcoins have really fetch people cool money,  it is fast in profits but risky expecially when you go into the wrong one. So many coin people invested but ended to be failed investment which they lose all they invested , not all Altcoins are the same . Sometimes you can be lucky to invest in the one that will give you good profits and sometimes you can end up investing on the wrong one, that is why people needs to be careful with the amount of money they pump in to invest Altcoins.

Because altcoin made people rich. Just look at the people who invested in ETH in its early stages or sol and polygon, what was the price of them when they launch and what is the price of them right now. Bitcoin growth is certain, but its market cap is too heavy that it is not easy to move it in a way that late investors can gain insane ROI from it. Also, there are too many new problem occurring in the crypto industry. A new project emerges based on those problems to provide an unique solution. Altcoin is important not only to make profits but also to keep innovation going.









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December 24, 2023, 06:10:11 PM
 #502


Investing in wrong projects will see the end of joyful moments an bring terrible events. Altcoins ruled the market and they don't have season because they follow the appropriate steps of bitcoin which is entirely the top project in the market. I've seen altcoins put smile on the face of top whales in the space and it will continue to triggered more joy and enjoyable moments. Who doesn't like earning fast cool cash from the market? Answer me, who? Absolutely nobody, you know why, it's because entering into the market, the first thing that comes to the mind is ensuring to accumulate more profits.
Altcoins have really fetch people cool money,  it is fast in profits but risky expecially when you go into the wrong one. So many coin people invested but ended to be failed investment which they lose all they invested , not all Altcoins are the same . Sometimes you can be lucky to invest in the one that will give you good profits and sometimes you can end up investing on the wrong one, that is why people needs to be careful with the amount of money they pump in to invest Altcoins.
One of the reasons why people prefer altcoins is because is because of the profits we can easily make investing in it. There is no much stress investing in altcoins except the risks that are involve 2hich include making the mistake investing in projects that become rug pull.
We need to be careful about our decision because that is where people normally make the mistakes from. This is one of the reasons why investing in Bitcoin is less risky compared to altcoins that can end up crashing out.









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December 24, 2023, 07:07:55 PM
 #503

People tend to buy into altcoins because they feel like they missed the boat with bitcoin and trying to get rich quick on someone these other coins.  It's really greed that drives the altcoin market.  Take a look at these memcoins, they should be worth nothing because they are literally empty projects but they stay around because people are trying to hit a pump and dump on the next person.

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December 24, 2023, 10:11:29 PM
 #504


Investing in wrong projects will see the end of joyful moments an bring terrible events. Altcoins ruled the market and they don't have season because they follow the appropriate steps of bitcoin which is entirely the top project in the market. I've seen altcoins put smile on the face of top whales in the space and it will continue to triggered more joy and enjoyable moments. Who doesn't like earning fast cool cash from the market? Answer me, who? Absolutely nobody, you know why, it's because entering into the market, the first thing that comes to the mind is ensuring to accumulate more profits.
Altcoins have really fetch people cool money,  it is fast in profits but risky expecially when you go into the wrong one. So many coin people invested but ended to be failed investment which they lose all they invested , not all Altcoins are the same . Sometimes you can be lucky to invest in the one that will give you good profits and sometimes you can end up investing on the wrong one, that is why people needs to be careful with the amount of money they pump in to invest Altcoins.

Because altcoin made people rich. Just look at the people who invested in ETH in its early stages or sol and polygon, what was the price of them when they launch and what is the price of them right now. Bitcoin growth is certain, but its market cap is too heavy that it is not easy to move it in a way that late investors can gain insane ROI from it. Also, there are too many new problem occurring in the crypto industry. A new project emerges based on those problems to provide an unique solution. Altcoin is important not only to make profits but also to keep innovation going.

Such hope brings investors to this venue to try finding their luck in investing with potential asset that can bring them that huge profits, alt project is being use for investment in hope that if by chance and by luck investor will repeat that result from how ETH and those other alt projects that recieve huge pumps.

Invetors are willing to take the risk knowing that the chance of getting scam is high, they are trying and hoping that one of this day they will manage to pick the right coin and they will earn that desire success.

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January 13, 2024, 07:56:26 PM
 #505

Cause altcoins are the way to earn more money than Btc. In this case, bitcoin is safe but will return low profit but income from altcoins could be more ,will cross btc
altcoins are also often chosen because they are often cheaper and very accessible. And yes, they can bring more profit if the market allows this, which is why many beginners first focus more on altcoins.
and if they can buy potential altcoins at right time then no need to worry about. But all altcoin aren't cheap at all. Ether bnb solana those altcoins pumped a lot and become so over price. Although they have potentiality but in the long run they'll pump max 3-4x, where others altcoins like matic, sui, fantom could be 10x. Thats why perfect time important when a person can buy eth, solana tooo like some months ago, was the perfect time to buy cheap

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January 13, 2024, 08:38:33 PM
 #506

Cause altcoins are the way to earn more money than Btc. In this case, bitcoin is safe but will return low profit but income from altcoins could be more ,will cross btc
altcoins are also often chosen because they are often cheaper and very accessible. And yes, they can bring more profit if the market allows this, which is why many beginners first focus more on altcoins.
and if they can buy potential altcoins at right time then no need to worry about. But all altcoin aren't cheap at all. Ether bnb solana those altcoins pumped a lot and become so over price. Although they have potentiality but in the long run they'll pump max 3-4x, where others altcoins like matic, sui, fantom could be 10x. Thats why perfect time important when a person can buy eth, solana tooo like some months ago, was the perfect time to buy cheap

It doesn't matter if the project is cheap or not if it has massive upside potential. As an example the current price of the LINK token is around 15$ and if it reaches 200B in marketcap in the next bull run then it is still almost 200X return for the investor from here but many will say the LINK price is super high right now but these short-sighted people won't see the potential of LINK in the long run. It is all about making profit and if you are making it with some high-value token then there is nothing wrong with it.









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January 14, 2024, 12:21:05 AM
 #507

People tend to buy into altcoins because they feel like they missed the boat with bitcoin and trying to get rich quick on someone these other coins.  It's really greed that drives the altcoin market.  Take a look at these memcoins, they should be worth nothing because they are literally empty projects but they stay around because people are trying to hit a pump and dump on the next person.
well even the shittiest coin sometime might have pump, i guess thats just how it is with these coins in general, some of them might be some empty project but still gonna get some volume if recognized enough by some random people, but we must know that such liquidity is shallow, could definitely gone within few weeks. therefore its not recommended to invest in some shitcoin.
altcoin in general are indeed giving more profit than bitcoin or ethereum even though ethereum itself is altcoin but we are talking about smaller capital coin here and the reason is because their volume and market cap is still relatively low that they are easy enough for some whales to pump, i've seen various pump at this bullish season alone.

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January 14, 2024, 02:17:15 AM
 #508

People tend to buy into altcoins because they feel like they missed the boat with bitcoin and trying to get rich quick on someone these other coins.  It's really greed that drives the altcoin market.  Take a look at these memcoins, they should be worth nothing because they are literally empty projects but they stay around because people are trying to hit a pump and dump on the next person.
Apart from that, people tend to think that Bitcoin is already quite expensive, and are not satisfied with just buying a few dollars of Bitcoin, so another alternative is that they buy altcoins that suit the capital they have. Apart from that, altcoins still provide big profits for some people, so people continue to use popular altcoins, or new altcoins. Apart from that, altcoins sometimes provide big profits for people who don't have that much capital, even though they carry big risks. However, I feel that people are more inclined to accept the risks of altcoins because they feel that the capital they are using is not too large, so they are more prepared for the risks.

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January 14, 2024, 05:34:36 AM
 #509

People tend to buy into altcoins because they feel like they missed the boat with bitcoin and trying to get rich quick on someone these other coins.  It's really greed that drives the altcoin market.  Take a look at these memcoins, they should be worth nothing because they are literally empty projects but they stay around because people are trying to hit a pump and dump on the next person.
People pick interest on altcoins just to make quick profit which they are aware of the risk that is involve in investing altcoins.  It is only greed that will make one to prefer to invest altcoins than Bitcoin. Altcoins are highly risky than Bitcoin and people feel that bitcoin is too expensive to invest, the opportunity of investing in bitcoin is always open, and some people prefer altcoins to bitcoin because they feel getting profit in bitcoin takes time.
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January 14, 2024, 06:57:30 AM
 #510

Because altcoin made people rich. Just look at the people who invested in ETH in its early stages or sol and polygon, what was the price of them when they launch and what is the price of them right now. Bitcoin growth is certain, but its market cap is too heavy that it is not easy to move it in a way that late investors can gain insane ROI from it. Also, there are too many new problem occurring in the crypto industry. A new project emerges based on those problems to provide an unique solution. Altcoin is important not only to make profits but also to keep innovation going.

Altcoins can make people rich and also there is another reason of holding altcoins that they are not much expensive as that of bitcoin so people can easily buy them and their profit is more than their buying price.

Some people says that if we hold altcoins for longer time then we will loss opportunity to get profit but I think that long term investment is more beneficial because as we compared the price of Etheruem in past and present then we will see that how higher it went.

Ethereum, solana, polygon and many altcoins have the ability to goes higher when the price of bitcoin goes hit so be prepared for all the situations and don't be panic when the price Fluctuations is higher because each ups and downs is full of fruitfulness if our decision become accurate.



 

 

 

 

 

 


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January 14, 2024, 07:16:45 AM
 #511

People tend to buy into altcoins because they feel like they missed the boat with bitcoin and trying to get rich quick on someone these other coins.  It's really greed that drives the altcoin market.  Take a look at these memcoins, they should be worth nothing because they are literally empty projects but they stay around because people are trying to hit a pump and dump on the next person.
People pick interest on altcoins just to make quick profit which they are aware of the risk that is involve in investing altcoins.  It is only greed that will make one to prefer to invest altcoins than Bitcoin. Altcoins are highly risky than Bitcoin and people feel that bitcoin is too expensive to invest, the opportunity of investing in bitcoin is always open, and some people prefer altcoins to bitcoin because they feel getting profit in bitcoin takes time.

Well, BTC was just like altcoins a long time ago, high risk high reward. Now it's evolved, become big, and moving not that fast. People want the same with altcoins. But most of them can't provide that.
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January 14, 2024, 10:35:17 AM
 #512

Because altcoin made people rich. Just look at the people who invested in ETH in its early stages or sol and polygon, what was the price of them when they launch and what is the price of them right now. Bitcoin growth is certain, but its market cap is too heavy that it is not easy to move it in a way that late investors can gain insane ROI from it. Also, there are too many new problem occurring in the crypto industry. A new project emerges based on those problems to provide an unique solution. Altcoin is important not only to make profits but also to keep innovation going.

Altcoins can make people rich and also there is another reason of holding altcoins that they are not much expensive as that of bitcoin so people can easily buy them and their profit is more than their buying price.

Some people says that if we hold altcoins for longer time then we will loss opportunity to get profit but I think that long term investment is more beneficial because as we compared the price of Etheruem in past and present then we will see that how higher it went.

Ethereum, solana, polygon and many altcoins have the ability to goes higher when the price of bitcoin goes hit so be prepared for all the situations and don't be panic when the price Fluctuations is higher because each ups and downs is full of fruitfulness if our decision become accurate.

ETH, Solana, Polygon are already multibillion-dollars worth of marketcap and they have growth potential but the reason people invest in the altcoin market by taking so much risk won't be fulfilled by them. Bitcoin can give a maximum 5X return on investment now but in the altcoin market people's minimum expectations start at 5X and its upside expectation has no limits. This type of massive growth can only be possible if you made investment in a low-cap altcoin.









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January 14, 2024, 10:39:14 AM
Last edit: January 14, 2024, 12:49:56 PM by TimeTeller
 #513

People tend to buy into altcoins because they feel like they missed the boat with bitcoin and trying to get rich quick on someone these other coins.  It's really greed that drives the altcoin market.  Take a look at these memcoins, they should be worth nothing because they are literally empty projects but they stay around because people are trying to hit a pump and dump on the next person.
People pick interest on altcoins just to make quick profit which they are aware of the risk that is involve in investing altcoins.  It is only greed that will make one to prefer to invest altcoins than Bitcoin. Altcoins are highly risky than Bitcoin and people feel that bitcoin is too expensive to invest, the opportunity of investing in bitcoin is always open, and some people prefer altcoins to bitcoin because they feel getting profit in bitcoin takes time.

Well, BTC was just like altcoins a long time ago, high risk high reward. Now it's evolved, become big, and moving not that fast. People want the same with altcoins. But most of them can't provide that.

The idea of getting rich quick is the main reason why people are always interested on this part of crypto.
As some can get good profits at a short period of time, they are thinking that they can get the same with others, but that's not the case.
Most alts are crap and so the lifespan is very short and if you hold too long, you will find out that you are already holding bag of worthless coins.
I've had my fair share in investing in alts way before, when ICOs were such a thing, but didn't get back even my original investments, not even making it to the trading market.
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January 14, 2024, 11:46:31 AM
 #514

The reason most people are interested in buying altcoins is because the risk is high but the profit is high. Many altcoins will see 10x to 50x profit during bull runs, which will take a long time to pay off in Bitcoin.  Investors are more interested in buying alt coins.

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January 14, 2024, 11:52:16 AM
 #515

Altcoins is actually a very powerful role playing trading, it has up and down much faster than Bitcoin and believe it because what it has is growing very fast and what is not is low in price. It happens and we are able to invest in this altcoins and take a lot of profit because other bitcoins and etherium are such that their price is very high and we don't have much money and the rise in those coin is very slow because the altcoin has a lot of buyers. The ups and downs are very fast, so we can see the advantage in them

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January 14, 2024, 11:56:19 AM
 #516

What I have to say in this is that many people think that altcoin investment is only investment that can be overprofitable in terms of Bitcoin and other sub cryptocurrency so I believe that one they have a mind is really nice and also good because bitcoin does not grow or increase the way altcoin grow so that is why people prefer hot coin investment because the percentage of increment is a higher than the percentage of Bitcoin increment

And again you can invest with lower amount of money when you are investing in altcoin and when the market Rises you can make multiple of profit for an investment so I believe that that is why many people like to invest in hot coin more than Bitcoin is not that hot going to have a potential more than Bitcoin but the potentials in Bitcoin is greater than the one in altcoin

But the aspect of disadvantages for the investment I think that altcoins have a disadvantages than the Bitcoin because the disadvantages is that you can purchase altcoin now and during the process of falling off the market then altcoin that you purchase die off on the process of longkeeping why Bitcoin sustained life of resistance during the time of investment of long time

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January 14, 2024, 08:29:17 PM
 #517

Mainly profit. In this field, cryptocurrencies providing you option that how you want to manage your profit. If you think that you want to make small secure profit then btc, eth is here. You want to get more profit then ada xrp dot link etc are available for that which will pump more than btc, eth. If you want to get significantly more profit then many all coins are available here you can get what you expected if you can able to operator those wisely. Besides memecoin are also altcoins that can change your luck within overnight and that's why people always get interested with alts

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January 14, 2024, 11:28:30 PM
 #518

Mainly profit. In this field, cryptocurrencies providing you option that how you want to manage your profit. If you think that you want to make small secure profit then btc, eth is here. You want to get more profit then ada xrp dot link etc are available for that which will pump more than btc, eth. If you want to get significantly more profit then many all coins are available here you can get what you expected if you can able to operator those wisely. Besides memecoin are also altcoins that can change your luck within overnight and that's why people always get interested with alts

Indeed right, interest with alt projects are mostly because of potential profits, no one in right mind will invest and let that investment to lose, it's a money matter industry and if you went in the perfect timing you'll be able to achieve such  goals,  what you need is the right knowledge and idea if what specific project to invest and how will you entrust your investment from those developers that you think that will bring you the best outcome for your investment.

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January 15, 2024, 12:22:41 AM
 #519

The reason most people are interested in buying altcoins is because the risk is high but the profit is high. Many altcoins will see 10x to 50x profit during bull runs, which will take a long time to pay off in Bitcoin.  Investors are more interested in buying alt coins.
especially true with a lot of us that has small amount of capital, i mean lets be real here, if we only have $10k or less, investing in bitcoin might not be impactful for us also ethereum might not necessarily fill our desire of getting some good gain within short amount of time so there's no other way but altcoin if we truly want to get some good gains after all most of altcoin still have low market capitalization and the price of the coin itself only costs peanut.
basically it suited for many of us that are not whale and yet want to make some good profit also.
therefore why altcoin has the market of its own.

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JayTrain
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January 15, 2024, 01:24:22 PM
 #520

For me personally, buying altcoins is primarily a desire for greater possible profits. I am attracted by the high volatility and rapid growth of some projects. Of course, the risks are also high, but the thirst for a quick 'pump' leads to these investments. But this is not always profitable for me, because the projects are different, so you need to invest with caution and be prudent.
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